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A company has earnings before interest and taxes of $ 1 , 5 0 0 , 0 0 0 , interest expense is 3 0

A company has earnings before interest and taxes of $1,500,000, interest expense is 30% of its total debt of $600,000, lease payments are $50,000, and its tax rate is 40%. What is the company's fixed charge coverage ratio?
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